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One likely result of the GOP sweep of the midterm elections on November 4 is increased scrutiny of the Federal Reserve from the new Republican majority in both chambers of Congress. Richard Shelby (R-AL), who has at times been critical of the Fed, is set to become the new head of the Senate Banking Committee...

IN THIS ISSUE: 1. Fed’s Beige Book Shows Economy is Improving 2. The Stock Market in Presidential Election Years 3. Who Are the Richest 1%, Really? Introduction Today we visit several interesting topics. We begin with a look at the Fed’s latest Beige Book report that came out last week, which...